FG to Approve N498m for Luggage Scanners at Railway Stations
The Federal Government has approved the procurement and installation of luggage scanners in all railway stations in Abuja, Kaduna and Kano.
They include eight colour-imaging Xray scanners, eight body scanners and metal detectors as well as...
FG Approves N23bn for Maintenance of Third Mainland Bridge, Others
The Federal Government has approved the sum of N23.33bn for surface maintenance of the Third Mainland Bridge, Lagos State, as well as the augmentation of the contract sum for the old Enugu-Anambra road project.
The Minister...
Public Debt Stock Increased By 4.96% To N46.25trn In Q4, 2022
The country’s total public debt stock increased by 4.96 per cent to N46.25 trillion ($103.11 billion) in the fourth quarter of last year (Q4 2022) compared to N44.06 trillion ($101.91 billion) in the preceding...
Gas Flaring: FG Imposes N22bn Fine On Oil Firms
The Federal Government will impose $49m (N22bn) fine on oil and gas firms operating onshore for flaring 24b Standard Cubic Feet of gas valued at about N40b ($86m) between January and February 2023.
According to latest gas...
IMF Says Nigeria’s Economic Growth Will Drop To 3%
The International Monetary Fund (IMF) has predicted that Nigeria’s economic growth will fall from 3.2 per cent in 2023 to 3.0 per cent in 2024.
This is as it retained Nigeria’s 3.2 per cent economic growth projection...
Hajj Fare: Don’t Exceed N3m, NAHCON Warns State Boards
The National Hajj Commission of Nigeria (NAHCON) yesterday cautioned state pilgrims welfare boards (SPWBs) against charging above the amount jointly agreed which is less than N3 million.
The commission stated some states are announcing fares different from...